Compact Journal

Uniting for a better world: what UNGA 81 means for business

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leaders summit opening

As the High-Level Week of the 81st session of the United Nations General Assembly (UNGA) comes to a close, it is clear that global cooperation is a business imperative. This is a critical moment, and together we can change the trajectory.

Throughout the week, leaders from business, Government and civil society took stock of progress, exchanged solutions and set priorities for action. Progress on many of the world’s greatest challenges is moving more slowly than it must, and no single country, economy, industry or sector can close that gap alone. The ambition, capital and solutions already exist. The task ahead is to organize for action, delivery and outcomes.

sg at psf

Three major takeaways stood out: Trust and predictability are the bedrock of sustainable growth, responsible business is redefining value and the business commitment to sustainability is strong and growing. When businesses across geographies, sectors and value chains come together, we can truly unite for a better world.

Trust and predictability are the bedrock of sustainable growth

Companies depend on predictable rules, open markets and stability to manage risk and invest for the long term. Trust and transparency make that investment possible, and cooperation between the public and private sectors makes it durable.

panel at leaders summit

Responsible business is redefining value

The private sector drives economic growth and creates jobs, and that growth must be sustainable. Across the mega forces shaping this era (demographic divergence, digital disruption and AI, geopolitical fragmentation, the energy transition and the future of finance), responsible business practices are setting new standards for long-term value and competitiveness.

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Business commitment is strong and growing

Engagement with the Ten Principles of the United Nations Global Compact and the Global Goals remains high. The Leaders Summit; Unstoppable Africa, hosted by the Global Africa Business Initiative; the UN Private Sector Forum and dedicated sessions on oceans, water, supply chains and human rights brought together more than 3,000 global leaders across 40 events. Working with more than 60 Country Networks, the UN Global Compact connects global frameworks with local action and demonstrates the reach of a truly global movement.

speaking at ls

This progress reflects a collective effort. The UN Global Compact thanks everyone who joined in New York, with particular thanks to business participants and leaders, Country Network Executive Directors and the Boards of the UN Global Compact and the Foundation for the Global Compact for their leadership.

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Now, we must move Forward Faster, together, and drive collective action at the speed and scale the world demands.